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This property looks like a bad Long-Term investment with a projected -2.32% first-year return on $61,950 initial cash invested.

-2.32%

Cash On Cash

6.07%

Cap Rate

1

DSCR

$2,360

Rent

-$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,360 income − $2,480 expenses = $120 out of pocket

Income$2,360Out of Pocket$120Mortgage P&I$1,49363%Property Taxes$27011%Insurance$1034%Management$23610%CapEx$1185%Vacancy$1426%Maintenance$1185%

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,360

Total Expenses

$2,480

Mortgage P&I

63%

$1,493

Property Taxes

11%

$270

Home Insurance

4%

$103

HOA

0%

$0

Property Management

10%

$236

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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